Highwoods Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	834	828.93	768.01	736.9	735.98	Upgrade
Revenue Growth (YoY)	0.61%	7.93%	4.22%	0.13%	2.21%	Upgrade
Cost of Revenue	268.78	259.81	236.44	231.83	248.51	Upgrade
Gross Profit	565.22	569.12	531.57	505.08	487.47	Upgrade
Selling, General & Admin	42.86	42.27	40.55	41.03	44.07	Upgrade
Other Operating Expenses	251.64	260.58	85.2	27.47	220.84	Upgrade
Operating Expenses	294.5	302.85	125.75	68.5	264.9	Upgrade
Operating Income	270.72	266.28	405.82	436.58	222.57	Upgrade
Interest Expense / Income	136.71	105.39	85.85	80.96	81.65	Upgrade
Other Expense / Income	-14.71	1.84	6.69	8.21	4	Upgrade
Pretax Income	148.72	159.06	313.28	347.4	136.92	Upgrade
Net Income	148.72	159.06	313.28	347.4	136.92	Upgrade
Preferred Dividends	2.49	2.49	2.49	2.49	2.49	Upgrade
Net Income Common	146.23	156.57	310.79	344.91	134.43	Upgrade
Net Income Growth	-6.61%	-49.62%	-9.89%	156.58%	-20.62%	Upgrade
Shares Outstanding (Basic)	106	105	104	104	104	Upgrade
Shares Outstanding (Diluted)	108	108	107	107	106	Upgrade
Shares Change	0.20%	0.47%	0.33%	0.25%	0.17%	Upgrade
EPS (Basic)	1.39	1.49	2.98	3.32	1.30	Upgrade
EPS (Diluted)	1.39	1.49	2.98	3.32	1.30	Upgrade
EPS Growth	-6.71%	-50.00%	-10.24%	155.38%	-20.73%	Upgrade
Free Cash Flow	278.34	310.31	568.66	481.71	190.43	Upgrade
Free Cash Flow Per Share	2.64	2.95	5.46	4.64	1.84	Upgrade
Dividend Per Share	2.000	2.000	1.960	1.920	1.900	Upgrade
Dividend Growth	0%	2.04%	2.08%	1.05%	2.65%	Upgrade
Gross Margin	67.77%	68.66%	69.21%	68.54%	66.23%	Upgrade
Operating Margin	32.46%	32.12%	52.84%	59.25%	30.24%	Upgrade
Profit Margin	17.53%	18.89%	40.47%	46.81%	18.27%	Upgrade
Free Cash Flow Margin	33.37%	37.44%	74.04%	65.37%	25.87%	Upgrade
EBITDA	584.84	552.05	658.39	669.95	473.07	Upgrade
EBITDA Margin	70.12%	66.60%	85.73%	90.91%	64.28%	Upgrade
Depreciation & Amortization	299.41	287.61	259.26	241.59	254.5	Upgrade
EBIT	285.43	264.44	399.13	428.36	218.57	Upgrade
EBIT Margin	34.22%	31.90%	51.97%	58.13%	29.70%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).